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A little clarification on the DW situation, cut designations, and how it affects the cap


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#11 panthers55

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Posted 24 February 2013 - 08:49 AM

But what is the negative of asking him to restructure or be cut?

Carolina actually has leverage in that talk.

1. They don't need him
2. If cut June 1, they gain cap space
3. Williams could elect to move on....only to make probably the same as what Carolina would pay him in a new deal.

Williams has no leverage if they ask him to rip it up or be cut.


I think they already have approached him about restructuring. I just don't know what that looks like at this point.

#12 CRA

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Posted 24 February 2013 - 09:10 AM

I think they already have approached him about restructuring. I just don't know what that looks like at this point.


That post should of said what is the negative of asking him to rip up his deal.

Carolina has all the leverage and it makes the most sense IMO

#13 panthers55

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Posted 24 February 2013 - 09:14 AM

That post should of said what is the negative of asking him to rip up his deal


Since I am not DeAngelo, that is not a question for me to answer but him. He has to agree to whatever based on what he thinks his current value is.

#14 CRA

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Posted 24 February 2013 - 09:19 AM

Since I am not DeAngelo, that is not a question for me to answer but him. He has to agree to whatever based on what he thinks his current value is.


Obviously he wants money...

But does he want to move his family and start fresh at 30 simply to get it? Worth playing that card IMO if you are Carolina. He wouldn't get it in a new deal....if he is that money hungry he would accept the cut to get the guaranteed Carolina would still owe.

#15 panther4life

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Posted 24 February 2013 - 09:47 AM

Somebody correct if I am wrong but here is why we can't restructure Williams.

No matter what we have to take the cap hit of 9.6 million over the next 3 years even in the event of a restructure.

Remember, you cannot “refinance” how to amortize a signing bonus. You can’t continue to split it into smaller and smaller pieces over longer time frames. Even when you renegotiate a contract how a signing bonus was previously amortized remains on the salary cap books as originally planned.
http://deljzc.blogsp...system-101.html

He has already been paid that money so we then have to give him at least close to what he thinks he'll make on the open market in base salary in addition to that 9.6 over the next 3 years. Anywhere else he goes he can also likely get even more guaranteed money.

#16 lymelizzard

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Posted 24 February 2013 - 10:10 AM

http://www.yardbarke...lliams/12977023

#17 CRA

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Posted 24 February 2013 - 10:24 AM

Somebody correct if I am wrong but here is why we can't restructure Williams.

No matter what we have to take the cap hit of 9.6 million over the next 3 years even in the event of a restructure.

Remember, you cannot “refinance” how to amortize a signing bonus. You can’t continue to split it into smaller and smaller pieces over longer time frames. Even when you renegotiate a contract how a signing bonus was previously amortized remains on the salary cap books as originally planned.
http://deljzc.blogsp...system-101.html

He has already been paid that money so we then have to give him at least close to what he thinks he'll make on the open market in base salary in addition to that 9.6 over the next 3 years. Anywhere else he goes he can also likely get even more guaranteed money.


Williams won't get a big payday on the open market.....he is 30 with limited production in recent years.

That is why we should tell him to rip up his deal or be cut.

#18 panther4life

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Posted 24 February 2013 - 10:26 AM

Williams won't get a big payday on the open market.....he is 30 with limited production in recent years.

That is why we should tell him to rip up his deal or be cut.

Okay give me an example of restructuring him or ripping up his deal as you call it that will benefit us. Remember that 9.6 is still going to hit the cap in the event of a restructure(3.2 million per year of the next 3 years has to remain the same).

#19 CRA

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Posted 24 February 2013 - 10:28 AM

Okay give me an example of restructuring him or ripping up his deal as you call it that will benefit us. Remember that 9.6 is going to hit in the event of a restructure(3.2 million per year of the next 3 years has to remain the same).


I don't think you can restructure him....too much guaranteed and too old

I think you ask him to rip his contract up completely if he wants to stay....otherwise tell him we cut him and take advantage of the cap room curtsying him June 1 creates.

#20 panther4life

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Posted 24 February 2013 - 10:30 AM

I don't think you can restructure him....too much guaranteed and too old

I think you ask him to rip his contract up completely if he wants to stay....otherwise tell him we cut him and take advantage of the cap room curtsying him June 1 creates.


You can't simply rip up his contract. The 9.6 hit is coming no matter what so thats not an option.


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